Eurasian Bank brought to administrative responsibility

/KASE, October 19, 2016/ – Eurasian Bank (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: quote ... based on a Resolution of Almaty Special Inter-district Administrative Court dated August 18, 2016, for committing a violation provided for in article 263 of Kazakhstan's Administrative Violations Code, the Bank was brought to administrative responsibility in form of a penalty to the amount of 100 monthly calculation indices, or KZT198,200. Said Resolution was appealed by the Bank, however on October 18, 2016 Almaty Special Inter-district Administrative Court issued a Resolution on leaving the Resolution dated August 18, 2016 unchanged, the Bank's appeal – without satisfaction. The Resolution entered into legal force. unquote [2016-10-19]